Constant Contract, Inc. (CTCT) Tops Q1 EPS by 3c; Guides Relatively In-Line

Constant Contract, Inc. (NASDAQ: CTCT) reported Q1 EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $78.9 million versus the consensus estimate of $78.6 million.

Constant Contract, Inc. sees Q2 2014 EPS of $0.18-$0.20, versus the consensus of $0.18. Constant Contract, Inc. sees Q2 2014 revenue of $81-81.3 million, versus the consensus of $80.96 million.

Constant Contract, Inc. sees FY2014 EPS of $1.02, versus the consensus of $1. Constant Contract, Inc. sees FY2014 revenue of $330 million, versus the consensus of $329.6 million.

“In the quarter we delivered a meaningful acceleration in revenue growth, higher gross margin, improved efficiency in sales and marketing spend and significant gains in profit margins versus the prior year,” said Harpreet Grewal, chief financial officer of Constant Contact. “For the year, we expect an acceleration of revenue growth and expanding margins. We are increasingly confident in our ability to deliver even higher revenue growth rates in subsequent years, while continuing to expand margins.”

For earnings history and earnings-related data on Constant Contract, Inc. (CTCT) click here.

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• CBIZ, Inc. (CBZ) Tops Q1 EPS by 5c; offers guidance
• Sanofi jumps as Q1 key profit measure tops estimates; Citi reiterates Buy